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ARLINGTON, Va.–In recent weeks credit unions have seen victories in Congress—legislation advanced on priorities such as board modernization, e-signatures, funding for the CDLRF--as well as bills CUs adamantly oppose, including limits on overdraft fees, giving NCUA third-party vendor oversight authority, and a new interchange bill. What is happening?

ARLINGTON, Va.–Among the pieces of legislation before Congress right now that is of greatest concern to credit unions is a new proposal that would affect credit union interchange, raising questions around its chances for passage and whether retailers’ claims the bill won’t affect CUs are actually accurate.

SEATTLE—Strum Platform said two credit unions have selected its Azure cloud-based marketing analytics technology platform.

ARLINGTON, Va. – John Kolhoff, who recently stepped down as Texas Credit Union Department Commissioner, has been named SVP-policy and supervision by the National Association of State Credit Union Supervisors (NASCUS).

WASHINGTON–Credit unions are supporting 38 candidates across the five state election primaries that are scheduled for today and Thursday.

MADISON, Wis.— The base salary, base salary plus bonus, and total compensation packages paid by credit unions increased during 2021 across 18 of 19 positions reported in the new 2022 CUES Compensation Survey.

WASHINGTON–CUNA said it plans to file a comment letter with the Financial Crimes Enforcement Network (FinCEN) regarding a proposed no-action letter process.

WASHINGTON–Labor Credit Union has expanded its field of membership to include The Labor Council for Latin American Advancement (LCLAA). 

LAKE FOREST, Ill.—Walmart will achieve “market dominance” in checking in less than a decade, according to one economist who has been urging credit unions to protect their consumer checking business from a big assault by the giant retailer and the benefits it offers.